{"id":836790,"date":"2025-04-14T06:03:55","date_gmt":"2025-04-14T10:03:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mt-bank-corporation-nysemtb-announces-first-quarter-2025-results\/"},"modified":"2025-04-14T06:03:55","modified_gmt":"2025-04-14T10:03:55","slug":"mt-bank-corporation-nysemtb-announces-first-quarter-2025-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mt-bank-corporation-nysemtb-announces-first-quarter-2025-results\/","title":{"rendered":"M&T Bank Corporation (NYSE:MTB) announces first quarter 2025 results"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n BUFFALO, N.Y.<\/span>
\n <\/span>, April 14, 2025<\/span><\/span> \/PRNewswire\/ — M&T Bank Corporation (“M&T” or “the Company”) reports quarterly net income of $584 million<\/span> or $3.32<\/span> of diluted earnings per common share.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n (Dollars in millions, except per share data)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 1Q25<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 4Q24<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 1Q24<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Earnings Highlights<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net interest income<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,695<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,728<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1,680<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Taxable-equivalent adjustment<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 12<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 12<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 12<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net interest income – taxable-equivalent<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,707<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,740<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,692<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Provision for credit losses<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 130<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 140<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 200<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Noninterest income<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 611<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 657<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 580<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Noninterest expense<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,415<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,363<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1,396<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net income<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 584<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 681<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 531<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net income available to common shareholders – diluted<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 547<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 644<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 505<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Diluted earnings per common share<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3.32<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3.86<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3.02<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Return on average assets – annualized<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.14\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.28\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.01\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Return on average common shareholders’ equity – annualized<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 8.36<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 9.75<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 8.14<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Average Balance Sheet<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Total assets<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0 208,321<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0 211,853<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0 211,478<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Interest-bearing deposits at banks<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 19,695<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 23,602<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 30,647<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Investment securities<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 34,480<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 33,679<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 28,587<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Loans and leases<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 134,844<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 135,723<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 133,796<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Deposits<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 161,220<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 164,639<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 164,065<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Borrowings<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 14,154<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 14,228<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 16,001<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Selected Ratios<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n (Amounts expressed as a percent, except per share data)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n Net interest margin<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3.66\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3.58\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 3.52\u00a0%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Efficiency ratio (1)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 60.5<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 56.8<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 60.8<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net charge-offs to average total loans – annualized<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n .34<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n .47<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n .42<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Allowance for credit losses to total loans<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.63<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.61<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.62<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Nonaccrual loans to total loans<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.14<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.25<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 1.71<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Common equity Tier 1 (“CET1”) capital ratio (2)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 11.50<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 11.68<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 11.08<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Common shareholders’ equity per share<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 163.62<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 160.90<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 150.90<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n
\n

\n (1)<\/span>\n <\/p>\n<\/td>\n

\n

\n A reconciliation of non-GAAP measures is included in the tables that accompany this release.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (2)<\/span>\n <\/p>\n<\/td>\n

\n

\n CET1 capital ratio at March 31, 2025 is estimated.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Financial Highlights<\/b>\n <\/p>\n